Mr HUNT (Flinders) (09:01): Mr Speaker, I move that so much of the standing and sessional orders be suspended as would prevent the honourable member for Flinders from moving the following motion forthwith:

That so much of the standing and sessional orders be suspended as would prevent the Honourable Member for Flinders from moving the following motion forthwith:

That this House calls on the Government to:

(1) immediately release the GTEM carbon tax model;

(2) release the assumptions underpinning it; and

(3) redo the modelling before Parliament rises so as to reflect the real world given that:

(a) the International environment is radically different from that claimed by the ALP. In particular the Canadian Foreign Minister and the United States leadership have made it clear that neither country will be adopting a carbon tax prior to 2015-16;

(b) it now appears there will be no binding global treaty until 2020;

(c) reports have shown the European ETS has had almost zero impact on the environment, but at a cost of up to $287bn Australian dollars;

(d) the Government’s assumption that “the modelling assumes comparable carbon pricing in other major economies from 2015-16” has collapsed; and

(e) the consequence will be Australians paying the highest carbon tax in the world for no environmental benefit while also sending $3.5bn offshore to foreign carbon traders.